With a comprehensive and thorough industry knowledge and skill, Switch: Gas & Power advisors work closely with the clients to maximise efficiency that helps the businesses to meet essential environmental regulations and requirements. Switch: Gas & Power environmental service ensures that its clients are provided the opportunity to make real savings and helps to reduce all-time important Carbon Footprint.
What is ESOS?
In 2012, UN Article 8 of The EU Energy Efficiency Directive ("The Directive") (2012/27/EU) stated that large enterprise is required to conduct energy audit every four years mandatorily. The UK's version of this law is called 'The Energy Saving Opportunity Scheme (ESOS)'
The Energy Saving Opportunity Scheme requires that the energy audit across the organisation's building, transportation and processes needs to completed by 5th December 2019.
Qualification Criteria – Are you deemed to be a Large Enterprise
If the any of following criteria's fulfils, then your organisation will fall within its scope
1. Has 250 or more employees within the UK
2. Has fewer than 250 employees, but with
a. An annual turnover exceeding £50 million
b. and a balance sheet exceeding £43 million
All Public Bodies are included
ESOS has targeted nearly one-third of the British energy demand, and BEIS (Department for Business, Energy & Industrial Strategy - formerly DECC) has estimated that the scheme will produce a £1.6bn net benefit.
Enterprises with being given a chance of not only reducing energy waste but also opportunity to identify cost-efficient savings. This cost-efficient savings reflected in the reduction in energy bills translate to financial saving that helps the business to further reinvest it across wide business areas and therefore increases its profitability
Audit identifies the fully costed savings. An energy audit is a great way to identify the areas where overheads can be reduced and where your buildings can operate more efficiently not only against your future performance but also against other buildings within your group and best practising guidelines.
In addition to the financial benefits, participating in ESOS gives businesses the opportunity to demonstrate their commitment to reducing their Carbon Footprint, an increasingly important consideration considering extraordinary public scrutiny of business' environmental impact
How we can help?
Switch: Gas & Power environment-saving opportunity scheme offer service to ensure that the businesses are fully compliant and able to provide support to make out most of the opportunities identified:
Streamlined Energy and Carbon Reporting (SECR) is an alternative of the CRC Energy Efficiency Scheme which was scrapped in 2019 as businesses complained it was too complex.
This mandatory reporting framework increases compliance by streamlining and simplifying carbon and energy reporting. Because of the new regulation, the number of businesses to comply with the new legislation is bound to increase.
The new regulation officially began to work from April 2019
The Department for Business, Energy and Industrial Strategy (BEIS) stated that unquoted companies must report energy usage, transport, and carbon emissions through their annual company reports.
Whereas quoted companies will have to continue reporting their global GHG emissions with intensity metric and also required to additionally figure out their global total energy use
Companies are going to be exempted from the regulations if it is not practical for them to collate and publish data, or if it might be "seriously prejudicial" to the interests of the company.
It is hoped that the new regulatory policy will bring a change in the behaviour of business as they will make their employees aware of using energy efficiently. The reports help the businesses to bring transparency with the investors along with using energy efficiently.
An impact assessment doled out by the government shows that though the simplified regulation would save £20m a year in administration costs but can also cause a £2.1bn increase in capital costs due to increased energy efficiency measures of the businesses. The assessment hopes that the non-traded greenhouse gas emission would get reduced by 5 million tonnes and traded emissions by 7.9 million tonnes
The Carbon Reduction Commitment (CRC) Energy Efficiency Scheme self-governed program launched by the government with the objective of minimising carbon emissions and improving energy efficiency.
This involves a number of phases of which the first phase has already wind up and the second phase is running from April 2014 and is due to end up by March 2019. It mainly targets businesses and public sector organisations using at least 6,000,000 kWh/year on settled half hourly meters.
Participation includes the monitoring of all qualifying sites, submitting an annual report and purchasing the appropriate tonnage of CO2 according to strict timelines. The penalties for failing to comply are significant.
The scheme places considerable emphasis on the accuracy of consumption data and ensuring that the data is correctly protected to avoid unnecessary costs and penalties.
Our energy consultants help businesses monitor energy usage; manage registration, reporting and helps to avoid unnecessary costs and penalties by exploring the number of ways.
Businesses and organization are working hard to become greener by reducing their carbon footprint
Carbon footprint refers to the amount of carbon dioxide and other carbon compounds emitted in the atmosphere by different activities and practises of the business.
Benefits of Carbon Footprint Audit
Carbon footprint audit points out all contributory causes of CO2 emissions and establishes overall CO2 generation. This helps businesses to take the decision regarding ways of reducing the carbon footprint
Our energy consultant investigates and provides in-depth analysis of your daily activities overall energy usage, fuel and travel expenses and waste disposal
Once the above process gets completed, an extensive report of your CO2 generation and also recommends the businesses ways of reducing the carbon footprint.
London Stock Exchange Reporting
After the announcement that companies listed on the London Stock Exchange must report their CO2 emission from April 2013, Switch: Gas & Power closely work with the businesses to help them meet necessary legislation to reduce CO2 emission.
Out of 2,549 companies listed on the London Stock Exchange, 1600 must reveal their greenhouse gas figures
How Switch: Gas & Power can help you with carbon reporting?
Switch: Gas & Power would welcome the opportunity to discuss your requirements and provide a no-obligation proposal.
A Feed-in Tariff (FiT) enables businesses that generate electricity from renewable or low-carbon source enables the business to pay for the energy it uses and the surplus gets exported to the national grid.
Switch: Gas & Power sets up the FiT contract with the suppliers ensuring they are completed in a cost-effective and timely manner to ensure correct payments are made in full.
How do Feed-in Tariffs work?
Electricity is produced and the suppliers pay for each unit of electricity at a predefined fixed price.
Organisations are self- sufficient to use their own energy so they do not depend on the drawing from the national grid
The extra electricity is transported to the national grid at a specific export tariff that varies according to different system’s sizes
When businesses require additional energy it can be imported from the national grid via the normal import electricity supply.
How can I benefit from a Feed-in Tariff?
Your business is entitled to several advantages incase of Feed-in Tariff:
Guaranteed tariff - for each unit (kWh) of electricity generated the energy supplier has to pay a set rate. The tariff levels are guaranteed for up to 20 years (the period of the tariff) after registration to FiT
Export tariff - An additional reimbursement (pence/kWh) from your energy supplier will be paid for each unit that is exported to the grid
Lower energy bills – When you generate your own power, you won’t need to purchase much (if any) electricity from your energy supplier so you will be able to enjoy savings on your commercial energy bills.